My point is that, amongst the majority populace, traditional banking establishments have immeasurably higher reputations than any entity associated with cryptocurrencies.

Rightly or wrongly.

The logic you're describing isn't incorrect, but I don't believe (and may well be wrong) it makes any difference to the point I made above.

It's still early. Still in the "first they laugh at you" stage, just read HN comments.

We are past the "first they laugh at you" stage, and well into "then they fight you". Been watching this for over a decade, and didn't notice any major censorship until they understood their gig was up; Then, on very short notice, chats and forums flooded with FUD, censorship, all involved search terms got replaced heavily propagandized search results, and any alternative forums floodrd with disinfo. Then they went directly after individuals, with the media and courts; They seemed to never charge them for the stuff they smeared them with, but used anything that would stick, and anything that could actually be used as defense was not allowed. Even jury selection was messed with: If you knew anything about crypto, (if you could actually be consideted a peer) you were rejected. They smear crypto as drug money, while still shipping dollars to drug lords by MAC Flight. It is easy to see what they are doing, if you pay attention.